FILE PHOTO: FILE PHOTO: A security officer stands outside a building of Semiconductor Manufacturing International Corporation during its grand opening in Shanghai November 22, 2001./File Photo
SHANGHAI - Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in a filing.
Bad move. SMIC is a direct competitor of TSMC and we should support Taiwan and not China if there is a choice.